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Coach Inc. (NYSE:COH) target price raised to $53.00, reported today by Jefferies & Co

Yesterday Coach Inc. (NYSE:COH) traded 0.94% higher at $39.70. The company’s 50-day moving average is $39.47 and its 200-day moving average is $37.32. The last stock close price is up 6.58% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 3,597,622 shares of the stock were exchanged, up from an average trading volume of 3,567,130

Coach Inc. (NYSE:COH) had its target price raised to $53.00 by Jefferies & Co in a report released Thursday April 20, 2017. The new target price indicates a possible upside of 0.34% based on the company's last stock close price.

Previously on 4/19/2017, BMO Capital Markets reported about Coach Inc. (NYSE:COH) raised the target price from $0.00 to $39.00. At the time, this indicated a possible downside of -0.01%.

See Chart Below

Coach Inc. (NYSE:COH)

Coach Inc. has a 52 week low of $34.07 and a 52 week high of $43.71 with a P/E ratio of 21.83 The company’s market cap is currently $0.

In addition to Jefferies & Co reporting its target price, a total of 30 firms have reported on the stock. The consensus target price is $43.00 with 5 firms rating the stock a strong buy, 10 firms rating the stock a buy, 17 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Coach Inc. (NYSE:COH)

Coach, Inc. (Coach) is a design house of luxury accessories and lifestyle collections. The Company's product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Coach brand products to North American customers through Coach-operated stores (including the Internet) and sales to North American wholesale customers. The International segment operates department store concession shop-in-shop locations and retail and outlet stores, as well as e-commerce Websites. The Stuart Weitzman segment includes sales across the world generated by the Stuart Weitzman brand, primarily through department stores in North America and international locations, and within Stuart Weitzman operated stores (including the Internet) in the United States, Canada and Europe. Its product offerings include women's and men's bags, ready-to-wear, including outerwear, watches, fragrance and jewelry.

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